Export Compliance Daily is a Warren News publication.

US Tech Jobless Rate Fell to 1.3% in May, Says CompTIA Study of Labor Department Data

The U.S. tech unemployment rate fell to a record low of 1.3 percent in May, said a CompTIA analysis Friday of Bureau of Labor Statistics data. An estimated 5,800 new hires were added to the tech sector workforce in May,…

Sign up for a free preview to unlock the rest of this article

Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.

it said: “The data confirms what employers have been saying for months and even years -- the demand for tech talent has reached historic levels.” There exists the “very real prospect of tech worker shortages affecting industry growth,” it said.